PepsiCo, Inc. reports results for the quarter ended September 30 - Earnings Summary

PepsiCo

08/10/2026 12:00

PepsiCo, Inc. PEP.OQ reported quarterly adjusted earnings of $2.34​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $2.29.  The mean expectation of eighteen analysts for the quarter was for earnings of $2.29 per share. Wall Street expected results to range from $2.26  to $2.33 per share.
Revenue rose 5.6% to $25.27 billion from a year ago; analysts expected $24.96 billion. 
PepsiCo, Inc.'s reported EPS for the quarter was $2.23​.
The company reported quarterly net income of $3.05 billion.
PepsiCo, Inc. shares had fallen by 2.4% this quarter and lost 13.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.7% in the last three months.​ 
In the last 30 days, seven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy," 17 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the non-alcoholic beverages peer group is also "hold" 
Wall Street's median 12-month price target for PepsiCo, Inc. is $152.00, about 18.6% above its last closing price of $123.73
This summary was machine generated from LSEG data October 8 at 11:00 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Sep. 30 2026 
2.29
2.34
Beat
Jun. 30 2026 
2.21
2.20
Missed
Mar. 31 2026 
1.55
1.61
Beat
Dec. 31 2025 
2.24
2.26
Beat